HealthRamp and drugstore.com, inc. Announce RxPricePoint Alliance
11 Diciembre 2003 - 7:00AM
PR Newswire (US)
HealthRamp and drugstore.com, inc. Announce RxPricePoint Alliance
Online Drug Store Becomes the First Participating Pharmacy in
HealthRamp's Competitive Drug Pricing Program NEW YORK, Dec. 11
/PRNewswire-FirstCall/ -- Medix Resources, Inc. and drugstore.com,
inc. today announced that the drugstore.com(TM) pharmacy will be
participating in HealthRamp's RxPricePoint program, which is
delivered via HealthRamp's CarePoint technologies at the point of
prescribing on a handheld device. HealthRamp CarePoint's patent
pending RxPricePoint technology will enable pricing data to be
gathered from pharmacies nationwide to provide physicians with the
lowest cost pharmacy option for a given patient at the point of
care. Medix, through its wholly-owned HealthRamp subsidiary,
markets the CarePoint suite of technologies. RxPricePoint lets
physicians show their patients the pharmacy, mail order or retail,
where they can locate the lowest-priced drugs for their
prescription. Physicians will also be able to inform their patients
of the pharmacy with the best price for fulfilling any portfolio of
prescriptions. Pharmacies participating in the program will pay
HealthRamp a transaction fee for every prescription filled through
RxPricePoint. Patients will be able to utilize the HealthRamp
website to search for the lowest-cost drugs in their area, enabling
them to proactively deliver this information to their physicians.
Further information about RxPricePoint will be available on
HealthRamp's website, at http://www.healthramp.com/rxpricepoint ,
and it is expected that RxPricePoint will be made available by the
end of the first quarter of 2004. "drugstore.com's commitment to
providing our customers with the most comprehensive and
competitively priced prescriptions on the Internet is greatly
enhanced by this new alliance with HealthRamp," stated Jeff
Kimmell, vice president, pharmacy, of drugstore.com, inc.
"drugstore.com(TM) customers pay up to 30 percent less for
top-quality generic and brand-name prescription drugs, compared to
brick-and-mortar pharmacy prices. As a member of the RxPricePoint
program, we expect to expand our reach and continue to drive down
prices on behalf of consumers." "drugstore.com's early
participation in the RxPricePoint program provides us with enormous
momentum as we seek the participation of other pharmacies," stated
Medix Chairman and CEO, Darryl Cohen. "The ability to drive down
costs, while still delivering a safe and closely regulated product,
is a clear mandate from customers." "While Canadian pharmacies have
proliferated, the combination of high quality and low cost pricing
has been difficult to achieve in the U.S.," continued Cohen. "By
participating in RxPricePoint, we believe that U.S. pharmacies will
increase their customer bases through competitive pricing and
service. Furthermore, RxPricePoint insures the process falls under
the guidance of the patient's own physician." drugstore.com, inc.
(NASDAQ:DSCM) is "Your Health & Beauty Superstore" and the
leading online health, beauty, wellness, personal care, and
pharmacy solution in the world. The drugstore.com(TM) online store
provides a convenient, private, and informative shopping experience
that encourages consumers to purchase products essential to
healthy, everyday living. The online store offers thousands of
brand-name personal health care products at competitive prices; a
full-service, licensed retail pharmacy; and a wealth of
health-related information, buying guides, and other tools designed
to help consumers make informed purchasing decisions. Consumers can
personalize their shopping experiences with shopping lists, e-mail
reminders for replenishing regularly used products, and private
e-mail access to pharmacists and beauty experts for questions.
drugstore.com, inc. has been awarded the Verified Internet Pharmacy
Practice Sites (VIPPS) certification by the National Association of
Boards of Pharmacy (NABP) as a fully licensed facility exercising
competent, safe pharmacy practices in compliance with federal and
state laws and regulations. Medix, through its wholly owned
HealthRamp subsidiary, markets the CarePoint suite of technologies.
CarePoint enables electronic prescribing, lab orders and results,
Internet-based communication, data integration, and transaction
processing over a handheld device or browser, at the point-of-care.
The combination of these technologies is designed to provide access
to safer and better healthcare. Medix's products enable
communication of high value-added healthcare information among
physician offices, pharmacies, hospitals, pharmacy benefit
managers, health management organizations, pharmaceutical companies
and health insurance companies. Additional information about
HealthRamp, and its products and services, can be found at
http://www.healthramp.com/ . Safe Harbor Statement: To the extent
that any statements made in this press release contain information
that is not historical, these statements are essentially
forward-looking. Forward-looking statements can be identified by
the use of words such as "expects," "plans," "will," "may,"
"anticipates," "believes," "should," "intends," "estimates," and
other words of similar meaning. These statements are subject to
risks and uncertainties that cannot be predicted or quantified and,
consequently, actual results may differ materially from those
expressed or implied by such forward-looking statements. Such risks
and uncertainties include, without limitation, the ability of Medix
to raise capital to finance the development of its Internet
services and related software, the effectiveness, profitability and
the marketability of those services, the ability of the Company to
protect its proprietary information and to retain and expand its
user base, the establishment of an efficient corporate operating
structure as the Company grows and, other risks detailed from
time-to-time in our filings with the Securities and Exchange
Commission. The Company undertakes no obligation to publicly update
any forward-looking statements. DATASOURCE: Medix Resources, Inc.;
drugstore.com, inc. CONTACT: investors, Andrew Brown,
+1-212-697-2509, or media, Robin Schoen, +1-215-504-2122, both of
Medix Resources, Inc. Web site:
http://www.healthramp.com/rxpricepoint Web site:
http://www.healthramp.com/
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